Growthpoint Properties Limited has exceeded its distribution forecast for the year ended 30 June 2010 achieving distribution growth of 5.8%

Hyprop has reported an 8.1% rise in distribution per combined unit to 174c for the 6 months ended June 2010 compared with 161c a year earlier.

Fitch Ratings has on Monday affirmed Redefine Properties national secured debt rating at 'A-(zaf)'.

INCREASING vacancies due to redevelopment and tough trading in retail, industrial and office properties continued to drag down listed property fund SA Corporate Real Estate, which saw a drop in distribution in the six months to June.

Pangbourne Properties has reported that its total distribution for the year to end June was 147.08c per linked unit.

Emira Property Fund announces a distribution of 108.08 cents per participatory interest (PI) unit for the 12 months ended 30th June 2010 – 6.75% up on the previous year

South Africa's largest listed property group Growthpoint Properties announced on Tuesday that Growthpoint Properties Australia (GOZ) has acquired a portfolio of seven direct property assets from the Property Solutions Group for AUS$172 million.

Namibian retail has been largely sheltered from the prevailing tough trading conditions which have impacted the retail sector in South Africa and globally, explains retail leasing director, Dave Bennie of leading African property company Broll

Redefine Properties has announced that its unitholders had approved the implementation of the proposed acquisition of Hyprop Investments units from Coronation Asset Management.

SOUTH African listed property was the second-best performing asset class last month, returning 6,68%, beaten only by equities, which recorded a total return of 8,05%, but the sector’s outlook for the year is still uncertain.